Labor market transitions for female workers in Japan: The role of global competition
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Extract: Japan has only recently turned the corner on a dismally long decade of stagnant economic growth and unprecedented high levels of post-war unemployment. The labor market woes were coincident with the contraction of manufacturing industries. Manufacturing employment declined due to a variety of factors, for example, the protracted economic slump, financial and bad loan-related problems as well as deindustrialization and the structural shift to service sector industries. Another commonly perceived culprit has been globalization, more generally; and outsourcing, more specifically. In Japan, globalization is commonly thought to be driving the 'hollowing-out' of manufacturing industry.
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